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NFU Mutual Selects FRISS to Streamline Trust Throughout the Policy and Claim Lifecycle

NFU Mutual, one of the leading insurers in the UK, has recently selected FRISS, the world's most implemented solution for trust automation at P&C insurers, to automate trust throughout their policy ....

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FRISS Launches Industry's First Trust Automation Platform

FRISS Launches Industry's First Trust Automation Platform
insurancenewsnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insurancenewsnet.com Daily Mail and Mail on Sunday newspapers.

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Anti-Fraud Tech Company FRISS Raises $65 Million to Fund Expansion

Anti-Fraud Tech Company FRISS Raises $65 Million to Fund Expansion
July 30, 2021
FRISS, a provider of AI-focused fraud prevention and detection products for P/C insurers, raised $65 million to help it carve out new product lines and market reach.
The company said it serves insurers in more than 40 countries currently, and appears likely to produce more than $2 billion in fraud savings to insurers in 2021 alone. Accel-KKR led the Series B funding round; it was advised by FT Partners and endorsed by existing investor Aquiline.
“We’ve been around for 15 years and completed over 200 implementations,” Jeroen Morrenhof, the FRISS CEO and co-founder, said in prepared remarks. “FRISS is ready to scale exponentially through our Series B, taking our mission of accelerating safe digital transformation throughout the policy lifecycle to the next level.” ....

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Friss Raises $65M in Series B Funding

Friss Raises $65M in Series B Funding
finsmes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finsmes.com Daily Mail and Mail on Sunday newspapers.

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FRISS acquisition to 'bring commercial lines to the digital age'

20-09-2017
FRISS, the market leader in AI-powered fraud, risk and compliance solutions for property and casualty (P&C) insurance carriers, has acquired Terrene Labs, which provides risk insights to commercial insurers.
Terrene gives commercial lines underwriters access to thousands of actionable insights within just five seconds, replacing a disjointed manual process that could take up to a week in some cases, delaying policies for customers.
In March 2020 the two groups announced a partnership to simplify data gathering and facilitate faster, more accurate and effective underwriting for commercial P&C insurers. This tie-up goes further, gives customers access to the full end-to-end product suite, including screen submissions, policies, endorsement, renewals, book rollovers and claims in real-time, using predictive analytics and artificial intelligence. ....

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